China Business News: UBS raises H-share holding in China Merchants Bank to 6.09%

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UBS raises H-share holding in China Merchants Bank to 6.09%

Jun. 12, 2009 (China Knowledge) - Swiss investment bank UBS AG has raised its H-share holding in China Merchants Bank Co Ltd (CMB)<600036><3968> to 6.09% from the previous 5.94%, according to the bourse operator Hong Kong Exchanges and Clearing (HKEx)<0388>. Information from HKEx showed that UBS on Jun. 5 bought around 5.11 million H-shares of CMB for HK$85.01 million. The a

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